I wrote earlier, I spend a considerable amount of time researching the roulette game. And roulette spins are random, or it should be. It was a guy who once attended a few speeches I gave on technical analysis, while I was working as a trader at City Index in London. Now he appeared in an advert, promising to reveal the secrets to the financial markets through his courses. That is the problem with technical analysis. It is very easy to learn, but it should not be touted as the path to untold riches in the financial markets. The gurus appear on adverts suggesting that all you need to make money from the market is to learn technical analysis. I just watched some videos about mindset and trading psychology. Behind such presentation is this underlying assumption of randomness.

What am I doing, enabling me to have the success in trading that I have, which the others are not doing? I dare say that if technical analysis as a subject was comparable to something like dentistry, the vocation would be terminated on account of the 80% failure rate. You don’t have a 80% failure rate amongst dentists. THE MILLION VIEWS YOUTUBE TALK I don't trade Forex like a roulette game of randomness. If it's randomness, I gamble roulette. For Forex I trade, I see clarity. It's this clarity that give me strong mindset.

What 99% of traders do not realise is that they are looking for answers in the wrong places. Knowledge of technicals, fundamentals, indicators, ratios, patterns and trend lines… well, everyone knows about them – and everyone loses, except the 1%. Humans drive the charts bottomline...and we are predictable... Now as i have said I dont predict the markets...But I look for, like the actuary. a pattern among a large sampling size.... Now this may be Apophenia or Patternicity on my part...But im good with that.

Judging from how much Tom loves to talk, how articulate he is, to explain his view, make analogies, consolidate concepts, tell stories, and deliver jokes, I have no trouble thinking this work started as a manuscript twice the final size. One can almost feel the struggle between the author and its editor fighting sentence by sentence, to refine it to the current form. Harriman House Ltd will use the information you provide on this form to keep in touch with you and to provide updates and marketing.My journey as a trader started when I came across a book called Liar’s Poker . I was home from school with flu and my dad brought me some books from the library. Liar’s Poker was one of them. Tom also manages a Telegram channel in which he posts, live, his own trading activity.It is said there are trading rooms replicating Tom’s trades.I have no trouble believing this. Now, before I can talk about the book with any kind of efficacy, I somehow have to find a way to introduce you to the character that is its author. But first, a foreword: And it's not too difficult to figure out why this random question is the important determinant of the traders fear, mindset and trading psychology issues.

If you are in doubt whether you are trading from an opportunistic frame of mind or a fear-based frame of mind, then answer this simple question: when you are winning, are you increasing your trading size or decreasing your trading size?" Some more material/thoughts for whomever might find interesting to chew on... Firstly ive been at this a long long long time..decades emphasis on the "s" lol

Why Normal Thinking Never Wins the Trading Game – written by a high-stake day trader

Unlike other trading books that focus solely on setups, strategies, and technical analysis, this book delves into the psychological aspects of trading. It explores our shared vulnerabilities and the barriers that prevent us from becoming high-stake traders, regardless of our profitability. It emphasizes the need to shift our thinking and provides invaluable insights to facilitate this transformation. In my opinion, this is one of the most enlightening reads I've come across, deserving a perfect rating of 5 out of 5. I didn’t know it at the time, but my answer – and a similar one on TV a few months later – would eventually get me fired from my job. Even if I had known, I would not have changed my answer:

Also some older AUDUSD charts with a nice swing trade...also do the same with indices...part of the job lol..

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No kidding, that is what I actually think when I see Tom trading. Tom is a successful high-stakes trader. When he loses, he loses big. When he wins, he wins far bigger.